Tenpo
Chilean neobank; crypto + USDC features.
- Who holds it
- A sponsor bank behind the brand — not the app you signed up with — Preparing Chilean bank license.
- The ledger
- Split between a program manager and the sponsor bank — the modular setup that broke in Synapse.
- If it fails
- Any claim runs through the sponsor bank, and only works if the two ledgers reconcile.
Derived from Tenpo’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| HQ | Santiago, CL |
| Founded | 2017 |
| Custody | Custodial |
| Regulation type | License pending (partner model today) |
| License detail | Preparing Chilean bank license |
| Card | MC · Prepaid + credit |
| Cashback | Offers |
| Stablecoins | Yes |
| KYC | Yes |
| Active regions | Latin America |
| Founders | Krealo (Credicorp) |
Verified links: official site ↗
Common questions about Tenpo
What is Tenpo?
Tenpo is a fiat neobank, headquartered in Santiago, CL and founded in 2017. Your money is held custodially, so Tenpo or its partner bank holds the balance and you hold a claim on it. Its license is pending, so it runs on a partner-bank model today (Preparing Chilean bank license).
Does Tenpo have a card, and where can you use it?
It issues a Mastercard prepaid and credit card. It is available in Latin America.
Does Tenpo require KYC?
Yes. Tenpo requires identity verification (KYC) to open an account, as a license pending (partner model today).
What does Tenpo cost?
From the verified fields: cashback Offers. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Tenpo before relying on them.
Early investors
Peers
Wise · Nubank · Banco Inter · PicPay · PagBank · Nequi
Tenpo appears in
Neobanks available in Latin America (113) · Neobanks that issue a Mastercard (150)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.